Gift 5 articles to anyone you choose each month when you subscribe. Hundreds of thousands of borrowers would be freed from mortgage prison if banks were no longer required to conduct serviceability ...

The RBA has raised interest rates by another 0.25 per cent as expected, but the wording of its announcement suggests there may only be one more increase in store. The RBA’s latest 0.25 per cent hike, ...

Don't miss out on the headlines from Business. Followed categories will be added to My News. Under an exception to the requirement already, about three per cent of new loans are being granted to ...

Senior bankers say they were delighted to read The Australian Financial Review's news that National Australia Bank has been approving borrowers using a serviceability test that does not apply the ...

Under an exception to the requirement already, about three per cent of new loans are being granted to customers that don’t meet the regulator’s serviceability ...